Job Market Monitor
Politics & Policies
Recovery from Covid and Jobs in US – More jobs and more skills needed
Permanently displaced workers now total nearly 4 million and rising, with the heaviest concentration among fairly low-wage workers. Their skill sets and work experience will not immediately lead them to new jobs, and they face the prospect of long periods without work or lower wages than before, even if the overall labor market tightens. For … Continue reading
‘Work & Skills’ for the Long-Term Unemployed in UK – Between 1 to 1.6 million people who have been out of work for 12 months or more
A new ‘Work & Skills’ initiative is needed for people who are long-term unemployed. Next year there could be between 1 to 1.6 million people who have been out of work for 12 months or more. This could be the highest since the 1980s and will have drastic implications for families and whole communities across … Continue reading
Recovery After Covid in Canada – New spending should target the problems that are holding Canada’s productive capacity back
Any further debt-financed stimulus should be temporary, essential, and targeted to improving the economy’s productive capacity, says a new report from the C.D. Howe Institute. At their most recent meeting, the Fiscal and Tax Working Group discussed what form new fiscal stimulus should take, but remained unconvinced that a large stimulus package is appropriate at … Continue reading
Platform Work in Europe – 6 recommandations for future policy development
Policy Brief #3 focuses on the impacts of the digitalisation of work via platforms, sometimes called ‘platform work’ and delivered through a business model often referred to as ‘Uberisation’. Drawing on the existing evidence base, it outlines the opportunities and challenges of this work. It then summarises current policy thinking before recommending that future policy … Continue reading
Apprenticeship in US – How to build and sustain a high-quality system
The 2016 election heightened an ongoing debate in the United States about how best to respond to two of the foremost economic challenges of the current era: stagnant wages and a dearth of promising career prospects for American workers without a bachelor’s degree. These challenges persist despite a dramatic increase in recent decades in years … Continue reading
Minimum Wage in US – CBO on the impacts of a $15 per hour by June 2025 on the federal budget
If enacted at the end of March 2021, the Raise the Wage Act of 2021 (S. 53, as introduced on January 26, 2021) would raise the federal minimum wage, in annual increments, to $15 per hour by June 2025 and then adjust it to increase at the same rate as median hourly wages. In this … Continue reading
Universal Basic Income (UBI) in British Columbia – Should be the central element of its transfer system experts panel says
2. Report summary Through this report,we endeavour to present comprehensive, consistent, and evidence based advice to the B.C. government in response to the tasks set out in the terms of reference. We do this in six parts, which: • introduce our task and provide a summary of the report (Part 1) • present a justice-based … Continue reading
Canada’s Training Ecosystem – A dire need to link the skills acquired through training and education programs to those sought in the job market
The recent Fall Economic Statement made it clear that the government is committed to investing in skills development to help Canadians weather the post-pandemic recovery. But how can we know what training helps to get the in-demand jobs? In a new paper published by the Institute for Research on Public Policy, Tony Bonen (Labour Market … Continue reading
Covid and Public Intervention in the Corporate Sector – Actions that support long-term economic resilience and growth, broad-based improvements in living standards, while minimizing the costs to the public
The coronavirus pandemic, by dramatically changing con- sumption patterns and business operations, is triggering a major corporate solvency crisis in many countries. Apart from policies directly supporting employment, initial policy responses to support businesses focused heavily on liquidity issues. Some liquidity support is still needed, but the crucial issue now is solvency. Policymakers need to … Continue reading
Unemployment Insurance (UI) – Lessons from the American federal‐state system
This article reviews practices in the United States (US) federal‐state unemployment insurance (UI) system regarding applicant eligibility, benefit generosity, benefit financing and emergency measures with the aim of revealing lessons for a possible European unemployment benefit system (EUBS) for European Union (EU) Member States. We overview the US system for UI and examine important areas … Continue reading
Universal Basic Income (UBI) – What is it ? (video)
Related Posts Universal Basic Income (UBI) – A primer POSTED BY MICHEL COURNOYER ⋅ APRIL 27, 2020 ⋅ 1 COMMENT What is UBI? On its face, the definition of a truly universal basic income is pretty straightforward: It’s an amount of cash given to everyone within a geographic area that’s then distributed unconditionally regularly, and on … Continue reading
Immigration in Canada – How it really works
To get a handle on Canada’s immigration policy, we first need to address two misconceptions surrounding Canadians’ understanding of how their country’s immigration system works. When the government announces that close to 340,000 immigrants will be admitted1 in a given year, many interpret this to mean 340,000 new arrivals that year. This is the first … Continue reading
Skills in Canada – Five priority areas for building a country that supports ongoing learning
Whether Canadians are looking for a job, working from home or changing how they work in order to respect public health guidelines, many are facing new challenges as a result of the global COVID-19 pandemic. In order to tackle these challenges, we need to ensure Canadians have access to the tools they need to learn … Continue reading
Covid and Long-Term Unemployment in UK – Eight design intervention principles
Long-term unemployment could hit 1.6 million in 2021-22 – a 600% increase and the highest since 1994. These are our estimates, based on Office for Budget Responsibility (OBR) scenarios for total unemployment. People become long-term unemployed when they have been out of work for 12 months and it scars individuals, families, and communities for years … Continue reading
Teacher Shortage in US – A crisis made worse by COVID
Some estimates have put the shortage of teachers relative to the number of new vacancies in classrooms across the country that go unfilled at more than 100,000—a crisis exacerbated by the pandemic. But policy changes can go a long way in addressing this shortfall. We lay out those policy solutions in our just-released paper, A… … Continue reading
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